Are wages on the increase?

According to the BBC, the number of people in work has reached a record high of 32.2 million.

The Bank of England says it expects the fall in unemployment to start pushing up pay more quickly (which is the main reason why it has said it is likely to raise interest rates more quickly than it previously thought).

Have you noticed wages going up?

Parents
  • At this stage I haven't had an reports of upwards wage drift from my UK companies, although for cerrtain jobs recruitment is reported as getting harder. Supply and demand is not an instant effect equation, and I expect many companies will wait to see of scarcity of skills is real and enduring before deciding to hike pay levels
Reply
  • At this stage I haven't had an reports of upwards wage drift from my UK companies, although for cerrtain jobs recruitment is reported as getting harder. Supply and demand is not an instant effect equation, and I expect many companies will wait to see of scarcity of skills is real and enduring before deciding to hike pay levels
Children
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